https://www.engineeringnews.co.za

DTI attracts R43.8bn of investment in 2014/15

DTI attracts R43.8bn of investment in 2014/15

Photo by BLOOMBERG

17th June 2015

By: Natalie Greve

Creamer Media Contributing Editor Online

  

Font size: - +

The Department of Trade and Industry’s (DTI'S) investment promotion unit overshot its investment target of R40-billion in 2014/15, achieving an investment pipeline of R43.8-billion for the year, Trade and Industry Minister Dr Rob Davies revealed in a written Parliamentary response this week.

He added that the department aimed to attract R45-billion worth of investments in 2015/16, R50-billion in 2016/17 and had outlined a cumulative target over the three-year period of R135-billion. 

The DTI’s Investment Promotion and Facilitation unit was responsible for attracting foreign direct investment, as well as developing and promoting local direct investment, through the identification, packaging and marketing of potential investment opportunities and the identification of potential investors.

The unit facilitated investment in South Africa, provided general information on the investment and domestic business climate and offered dedicated aftercare services to investors.

It also organised inward and outward trade missions and facilitated funding and government support for trade and investment related activities.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.109 0.161s - 137pq - 2rq
Subscribe Now